Luisa Beltran

Levine Leichtman buys Brass Smith Innovations

Levine Leichtman Capital Partners said Tuesday it acquired Brass Smith Innovations LLC. Financial terms weren’t announced. Denver-based Brass Smith makes food guards, counters, cold pans, heated merchandisers, floor troughs, and custom stainless products to the institutional food service sector. Madison Capital Funding LLC provided senior debt. Augeo Advisors advised Brass Smith while Minor and Brown was their attorney. Honigman Miller Schwartz and Cohn LLP advised Levine Leichtman.

CrowdStreet raises $3.5 mln

CrowdStreet said Wednesday it raised $3.5 million in a Series A round led by Rally Ventures. Also participating were investors Green Visor Capital, Seven Peaks Ventures and Portland Seed Fund. Portland-based CrowdStreet provides a real estate investor acquisition and management platform.

New Capital puts Repay up for sale: sources

Sorenson Capital leads $30 mln round for Couchbase

Couchbase said Tuesday it raised $30 million in a Series F round led by Sorenson Capital. Current investors including Accel Partners, Adams Street Partners, Ignition Partners, Mayfield Fund, North Bridge Venture Partners and West Summit also participated. Mountain View, California-based Couchbase is an operational database.

NimbeLink raises $2.5 mln

NimbeLink said Tuesday it raised $2.5 million in funding from First Analysis. Minneapolis-based NimbeLink is a solution integrator and system provider for the Internet of Things market.

KKR leads $45 mln round for Spirox

Spirox Inc. said Tuesday it closed a $45 million Series C round led by KKR. Also participating in the round were HealthQuest Capital along with existing investors Aisling Capital, Aperture Venture Partners and Venrock. Menlo Park, California-based Spirox is a medical device company.

Hicks Equity leads $7 mln round for Sight Sciences

Sight Sciences Inc has closed a $7 million Series B round led by Hicks Equity Partners. All Series A investors participated in the round including Scientific Health Development (Series A Co-Lead), Allegro Investment Fund, and various other institutional and angel investors. Menlo Park, California-based Sight Sciences is a commercial stage ophthalmic medical device company.

Outpost Medicine raises $41 mln

Takeda Pharmaceutical Company Ltd and Frazier Healthcare Partners have formed Outpost Medicine, which just completed a $41 million financing led by Frazier Healthcare. Other investors include Adams Street Partners, Novo A/S, and Vivo Capital. Outpost Medicine is developing treatments for urologic and gynecologic diseases and disorders.

Providence Equity to buy 63% of Starman Group

East Capital Explorer AB has agreed to sell its 63 percent stake in Starman Group to Providence Equity Partners. The transaction represents an enterprise value of about 210 million euros ($232.6 million) It will consist of an upfront cash consideration of approximately 81 million euros ($89.7 million) with an additional earn-out of up to 5 million euros payable in 2017. Starman Group is a TV and internet provider in the Baltics.

Librestream raises $8.2 mln

Librestream said Tuesday it raised C$11 million ($8.2 million) in financing led by Emerald Technology Ventures. BDC Capital's Industrial, Clean and Energy Venture Fund also invested. Librestream, of Canada, develops mobile video collaboration solutions for energy, field service, manufacturing, and public sector industries.